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updated: 5/22/2013 10:59 AM

Mondelez declares 13 cents quarterly dividend

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PRNewswire

DEERFIELD -- The board of directors of Mondelez International declared a regular quarterly dividend of 13 cents per share of Class A common stock, payable on July 15 to shareholders of record as of July 1.

Shareholders also elected 11 nominees named in the proxy statement to the board of directors; approved, on an advisory basis, the compensation of the company's named executive officers as described in the 2013 proxy statement; and ratified the selection of PricewaterhouseCoopers LLP as the company's independent auditors for 2013. Shareholders rejected two shareholder proposals. The company had previously announced the withdrawal of a third shareholder proposal.

Mondelez International is a global snacks spinoff of Kraft Foods, with 2012 revenue of $35 billion. Among Mondelez brands are Cadbury, Cadbury Dairy Milk and Milka chocolate, Jacobs coffee, LU, Nabisco and Oreo biscuits, Tang powdered beverages and Trident gum.

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